Planning

Q.

A company is manufacturing garments. The manager wants to increase profits by purchasing new high-speed machines or increasing the sale price or using waste materials in manufacturing stuffed toys. He decided that "using waste material" is the best solution for him. Identify the concept of management involved.

1. Planning

2. Organising

3. Staffing

4. Directing

Q.

Planning is based on certain assumptions about the future. What are these assumptions called?

1. Planning future

2. Planning day-to-day

3. Planning for the generation

4. Planning premises

Q.

A company needs a detailed plan for its new project-construction of dam, What type of plan is it?

1. Objectives

2. Strategy

3. Programme

4. Budget

Q.

Select any two characteristics of planning:

1. 1. It bridges the gap between where we are and where we want to be

   2. Planning is goal-oriented

2. 1. Planning is goal-oriented

   2. Planning establishes standards for controlling

3. 1. It encourages innovation

   2. Planning is goal-oriented

4. 1. Planning is goal-oriented

   2. Planning involves choice and decision-making

Q.

Planning can be defined as setting objectives for a given period of time, formulating various courses of action to achieve them and then selecting the best possible alternative from among the various courses of action available.

1. False

2. True

Q.

Which of the following best indicates the importance of business environment?

1. Identification

2. Improvement in performance

3. Coping with rapid changes

4. All of the above

Q.

___ is the function of determining in advance what is to be done and who is to do what.

1. Organising

2. Planning

3. Coordinating

4. None of these.

Q.

Proper ___ facilitates an efficient work environment.

1. Organising

2. Controlling

3. Efficiency

4. None of these.

Q.

'Finding the right people for the right job'. State the function of management.

1. Coordination

2. Directing

3. Planning

4. Staffing

Q.

The orderly synchronizing of efforts of subordinates to provide a proper amount, timing and execution so that their united efforts lead to the stated objectives namely the common purpose of the enterprise. This defines ___

1. Coordination

2. Staffing

3. None of these.

4. Directing